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Bill Text

To create the Office of Chief Financial Officer of the Government of
the Virgin Islands, and for other purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. CHIEF FINANCIAL OFFICER OF THE VIRGIN ISLANDS.

(a) Appointment of Chief Financial Officer.--
(1) In general.--The Governor of the Virgin Islands shall
appoint a Chief Financial Officer, with the advice and consent
of the Legislature of the Virgin Islands, from the names on the
list required under section 2(d). If the Governor has nominated
a person for Chief Financial Officer but the Legislature of the
Virgin Islands has not confirmed a nominee within 90 days after
receiving the list pursuant to section 2(d), the Governor shall
appoint from such list a Chief Financial Officer on an acting
basis until the Legislature consents to a Chief Financial
Officer.
(2) Acting chief financial officer.--If a Chief Financial
Officer has not been appointed under paragraph (1) within 180
days after the date of the enactment of this Act, the Virgin
Islands Chief Financial Officer Search Commission, by majority
vote, shall appoint from the names on the list submitted under
section 2(d), an Acting Chief Financial Officer to serve in
that capacity until a Chief Financial Officer is appointed
under the first sentence of paragraph (1). In either case, if
the Acting Chief Financial Officer serves in an acting capacity
for 180 consecutive days, without further action the Acting
Chief Financial Officer...

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Bill Summary

1/3/2013--Introduced.Requires the Governor of the Virgin Islands to appoint a Chief Financial Officer, with the advice and consent of the Legislature of the Virgin Islands, from a list required by this Act. States that if: (1) the Legislature has not confirmed a nominee within 90 days the Governor shall appoint an Acting Chief Financial Officer until the Legislature consents to a Chief Financial Officer, (2) a Chief Financial Officer has not been appointed within 180 days the Virgin Islands Chief Financial Officer Search Commission shall appoint from such list an Acting Chief Financial Officer until a Chief Financial Officer is appointed, and (3) the Acting Chief Financial Officer serving in an acting capacity for 180 consecutive days shall become the Chief Financial Officer. Sets forth the Chief Financial Officer's duties. Directs the Board of Elections of the Virgin Islands, as part of the closest regularly scheduled, islands-wide election in the Virgin Islands to the expiration of the fourth year of the five-year term of the Chief Financial Officer, to hold a referendum to determine whether the position of Chief Financial Officer shall be made a permanent part of the executive branch of the government of the Virgin Islands. Establishes the Virgin Islands Chief Financial Officer Search Commission to recommend at least three candidates for the Chief Financial Officer position. Terminates the Commission upon the nomination and confirmation of the Chief Financial Officer.